Shares of Macy’s (NYSE:M) soared in November, rising more than 20% in the span of a few weeks due to growing optimism about its prospects. While the retailer posted weak earnings for the third quarter, it offered upbeat earnings guidance for Q4 and made significant progress in conjunction with its strategy to monetize underutilized real estate.
Macy’s stock performance, data by YCharts.
Yet in the month following Thanksgiving, Macy’s stock gave back virtually all of its gains. Investors appear to be worried about reports of weak sales and heavy discounting among department stores.
This focus on short-term results — or rumors about short-term results, to be more exact — is misplaced. Several important developments could drive Macy’s stock much higher over the next few years.
Store closures and cost cuts could bolster Macy’s profit margin
First, Macy’s plans to close about 100 stores next year. So far, the company has identified just a few of those locations, but it aims to close a combination of underperforming stores and stores that sit on valuable real estate.
Top 10 Performing Stocks To Invest In 2019: 1-800 FLOWERS.COM Inc.(FLWS)
Advisors’ Opinion:
- [By Joseph Griffin]
Get a free copy of the Zacks research report on 1-800-Flowers.Com (FLWS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
1-800-Flowers.Com (NASDAQ:FLWS) posted its quarterly earnings results on Thursday. The specialty retailer reported ($0.12) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.01, MarketWatch Earnings reports. The firm had revenue of $229.93 million for the quarter, compared to the consensus estimate of $227.57 million. 1-800-Flowers.Com had a net margin of 4.91% and a return on equity of 9.86%. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same period last year, the firm posted ($0.11) earnings per share. 1-800-Flowers.Com updated its FY19 guidance to $0.38-0.42 EPS.
- [By Motley Fool Transcribers]
1-800-Flowers.com Inc (NASDAQ:FLWS)Q4 2018 Earnings Conference CallAug. 23, 2018, 11:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Joseph Griffin]
1-800-Flowers.Com (NASDAQ:FLWS)‘s stock had its “buy” rating restated by analysts at Benchmark in a research note issued on Wednesday, Marketbeat.com reports. They presently have a $16.00 price objective on the specialty retailer’s stock, up from their previous price objective of $14.00. Benchmark’s price objective would suggest a potential upside of 26.28% from the company’s previous close.
- [By Max Byerly]
1-800-Flowers (NASDAQ:FLWS) had its price target hoisted by DA Davidson from $10.00 to $11.00 in a research report sent to investors on Wednesday. The brokerage currently has a neutral rating on the specialty retailer’s stock. DA Davidson also issued estimates for 1-800-Flowers’ FY2018 earnings at $0.42 EPS, Q1 2019 earnings at ($0.24) EPS, Q2 2019 earnings at $1.02 EPS, Q3 2019 earnings at ($0.16) EPS, Q4 2019 earnings at ($0.10) EPS and FY2019 earnings at $0.54 EPS.
- [By Max Byerly]
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Top 10 Performing Stocks To Invest In 2019: Freeport-McMoran, Inc.(FCX)
Advisors’ Opinion:
- [By Matthew DiLallo]
Shares of Freeport-McMoRan Inc. (NYSE:FCX) fell 9.8% in August, which was a volatile month for the copper market.
So what
Copper prices sold off 3% at the beginning of August after the trade dispute between the U.S. and China intensified amid reports that the Trump administration had proposed raising tariffs on $200 billion worth of Chinese goods from 10% to 25%. The concern was that the escalating trade war would impact global growth, which could dampen demand for copper.
- [By Joseph Griffin]
Monetta Financial Services Inc. bought a new stake in Freeport-McMoRan (NYSE:FCX) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 60,000 shares of the natural resource company’s stock, valued at approximately $1,054,000.
- [By Stephan Byrd]
An issue of Freeport-McMoRan Inc (NYSE:FCX) bonds fell 0.7% against their face value during trading on Friday. The high-yield debt issue has a 5.45% coupon and will mature on March 15, 2043. The bonds in the issue are now trading at $87.09 and were trading at $88.50 last week. Price changes in a company’s bonds in credit markets often anticipate parallel changes in its stock price.
- [By Shane Hupp]
Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp trimmed its position in shares of Freeport-McMoRan Inc (NYSE:FCX) by 81.2% in the second quarter, HoldingsChannel.com reports. The fund owned 191,100 shares of the natural resource company’s stock after selling 823,200 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp’s holdings in Freeport-McMoRan were worth $3,298,000 at the end of the most recent quarter.
- [By WWW.GURUFOCUS.COM]
For the details of Carl Icahn’s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Carl+Icahn
These are the top 5 holdings of Carl IcahnIcahn Enterprises LP (IEP) – 157,898,582 shares, 44.76% of the total portfolio. Herbalife Nutrition Ltd (HLF) – 45,744,648 shares, 11.08% of the total portfolio. CVR Energy Inc (CVI) – 71,198,718 shares, 10.69% of the total portfolio. Cheniere Energy Inc (LNG) – 32,680,490 shares, 8.68% of the total portfolio. Freeport-McMoRan Inc (FCX) – 50,161,354 shares, 4.38% of the total p
Top 10 Performing Stocks To Invest In 2019: Cavco Industries, Inc.(CVCO)
Advisors’ Opinion:
- [By Motley Fool Transcribers]
Cavco Industries Inc (NASDAQ:CVCO)Q3 2019 Earnings Conference CallFeb. 05, 2019, 8:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Max Byerly]
Cavco Industries (NASDAQ:CVCO) was upgraded by analysts at BidaskClub from a hold rating to a buy rating.
- [By Lisa Levin] Gainers
Sigma Labs, Inc. (NASDAQ: SGLB) shares rose 90.9 percent to $2.52. Sigma Labs demonstrated proof of concept for closed loop quality control during metal additive manufacturing.
Oragenics, Inc. (NYSE: OGEN) shares surged 58.4 percent to $1.9005 after the company’s AG013 for oral mucositis in head and neck cancer patients showed favorable safety profile in mid-stage OM study.
Dick's Sporting Goods, Inc. (NYSE: DKS) shares climbed 23.2 percent to $37.5370 after the company reported upbeat Q1 earnings and raised FY18 earnings outlook.
Summer Infant, Inc. (NASDAQ: SUMR) rose 21.9 percent to $1.17 after announcing commitment for $60 million credit facility from Bank of America and $17.5 million term loan from Pathlight Capital.
TapImmune, Inc. (NASDAQ: TPIV) jumped 18.8 percent to $4.87. WBB Securities upgraded TapImmune from Speculative Buy to Buy.
Movado Group, Inc. (NYSE: MOV) gained 17.2 percent to $49.45 after the company reported better-than-expected Q1 results and raised its guidance.
ASLAN Pharmaceuticals Limited (NASDAQ: ASLN) jumped 16.2 percent to $7.96. BTIG Research initiated coverage on ASLAN Pharmaceuticals with a Buy rating.
Legacy Reserves LP (NASDAQ: LGCY) rose 15.5 percent to $5.6011.
InspireMD, Inc. (NYSE: NSPR) gained 13.3 percent to $1.36 following PR announcing sustained benefit of CGuard EPS.
Immutep Limited (NASDAQ: IMMP) shares climbed 13.2 percent to $2.7724 after the company reported new data from its ongoing TACTI-mel Phase I trial, which evaluated the combination of eftilagimod alpha, its lead compound, with Merck & Co., Inc. (NYSE: MRK)'s Keytruda in unresectable or metastatic melanoma patients, who have had a suboptimal response or had disease progression with keytruda monotherapy..
SpartanNash Co (NASDAQ: SPTN) rose 12.2 percent to $21.20 after the company reported upbeat earnings for its first quarter on Tuesday.
Amtech Systems, Inc. (NASDAQ: ASYS) rose 12.1 percent to - [By Lisa Levin] Gainers
Oragenics, Inc. (NYSE: OGEN) shares surged 66.67 percent to close at $2.00 on Wednesday after the company’s AG013 for oral mucositis in head and neck cancer patients showed favorable safety profile in mid-stage OM study.
Sigma Labs, Inc. (NASDAQ: SGLB) shares jumped 49.24 percent to close at $1.97 on Wednesday. Sigma Labs demonstrated proof of concept for closed loop quality control during metal additive manufacturing.
ASLAN Pharmaceuticals Limited (NASDAQ: ASLN) rose 34.45 percent to close at $9.21. BTIG Research initiated coverage on ASLAN Pharmaceuticals with a Buy rating.
Dick's Sporting Goods, Inc. (NYSE: DKS) shares rose 25.82 percent to close at $38.35 after the company reported upbeat Q1 earnings and raised FY18 earnings outlook.
TapImmune, Inc. (NASDAQ: TPIV) rose 24.15 percent to close at $5.09. WBB Securities upgraded TapImmune from Speculative Buy to Buy.
Legacy Reserves LP (NASDAQ: LGCY) jumped 23.3 percent to close at $5.98 on Wednesday.
Summer Infant, Inc. (NASDAQ: SUMR) gained 22.92 percent to close at $1.18 after announcing commitment for $60 million credit facility from Bank of America and $17.5 million term loan from Pathlight Capital.
Cloud Peak Energy Inc. (NYSE: CLD) rose 21.95 percent to close at $4.00.
SpartanNash Co (NASDAQ: SPTN) gained 21.4 percent to close at $22.92 after the company reported upbeat earnings for its first quarter on Tuesday.
Motus GI Holdings, Inc. (NASDAQ: MOTS) rose 17.14 percent to close at $5.40.
Movado Group, Inc. (NYSE: MOV) gained 16.59 percent to close at $49.20 after the company reported better-than-expected Q1 results and raised its guidance.
Oramed Pharmaceuticals Inc. (NASDAQ: ORMP) climbed 15.61 percent to close at $8.22. Oramed Pharma disclosed that its patent has been allowed in the US for oral administration of proteins.
Dorian LPG Ltd. (NYSE: LPG) rose 14.89 percent to close at $8.41. Dorian LPG confirmed receipt of unsolicited proposal fr
Top 10 Performing Stocks To Invest In 2019: Wausau Paper Corp.(WPP)
Advisors’ Opinion:
- [By Joseph Griffin]
Shares of Wpp Plc (LON:WPP) have earned an average recommendation of “Hold” from the nineteen brokerages that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 1,475.29 ($19.64).
- [By Logan Wallace]
Shares of Wpp Plc (LON:WPP) have been assigned an average recommendation of “Hold” from the nineteen analysts that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 1,530.46 ($19.94).
- [By Ethan Ryder]
WPP (LON:WPP) had its price target lowered by Deutsche Bank AG from GBX 1,510 ($19.48) to GBX 1,430 ($18.45). The firm currently has a hold rating on the stock.
- [By Ethan Ryder]
WPP (LON:WPP)‘s stock had its “equal weight” rating reaffirmed by stock analysts at Morgan Stanley in a report issued on Thursday.
Top 10 Performing Stocks To Invest In 2019: iShares Global Infrastructure (IGF)
Advisors’ Opinion:
- [By Sarah Priestley]
And if you are an investor who prefers ETFs and mutual funds, there are a couple of options for you: iShares Global Infrastructure ETF (NASDAQ:IGF), and Lazard Global Listed Infrastructure (NASDAQMUTFUND:GLIFX). I would caution anybody to check the percentage of utilities that are within these baskets, just to check the utilities exposure. But, generally, not bad options to check out.
- [By Stephan Byrd]
First Allied Advisory Services Inc. trimmed its position in shares of iShares S&P Global Infrastructure Index (BMV:IGF) by 28.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,883 shares of the company’s stock after selling 3,560 shares during the quarter. First Allied Advisory Services Inc.’s holdings in iShares S&P Global Infrastructure Index were worth $380,000 at the end of the most recent quarter.
- [By Shane Hupp]
Camelot Portfolios LLC lowered its position in iShares S&P Global Infrastructure Index (BMV:IGF) by 9.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 23,579 shares of the company’s stock after selling 2,365 shares during the quarter. Camelot Portfolios LLC’s holdings in iShares S&P Global Infrastructure Index were worth $929,000 at the end of the most recent quarter.
Top 10 Performing Stocks To Invest In 2019: Chemung Financial Corp(CHMG)
Advisors’ Opinion:
- [By Ethan Ryder]
Southside Bancshares (NASDAQ:SBSI) and Chemung Financial (NASDAQ:CHMG) are both small-cap finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, valuation, analyst recommendations, risk, institutional ownership and dividends.
- [By Shane Hupp]
Chemung Financial Corp. (NASDAQ:CHMG) announced a quarterly dividend on Friday, May 18th, Wall Street Journal reports. Investors of record on Monday, June 18th will be given a dividend of 0.26 per share by the bank on Monday, July 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Friday, June 15th.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Chemung Financial (CHMG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Chemung Financial (CHMG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Chemung Financial Corp. (NASDAQ:CHMG) Director Robert H. Dalrymple sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 21st. The stock was sold at an average price of $42.54, for a total transaction of $85,080.00. Following the completion of the transaction, the director now directly owns 237,541 shares of the company’s stock, valued at $10,104,994.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Top 10 Performing Stocks To Invest In 2019: 8point3 Energy Partners LP(CAFD)
Advisors’ Opinion:
- [By Logan Wallace]
Cent PUERTO S AS (NYSE:CEPU) and 8Point3 Energy Partners (NASDAQ:CAFD) are both small-cap oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, dividends, risk, earnings, analyst recommendations, valuation and institutional ownership.
Top 10 Performing Stocks To Invest In 2019: Harsco Corporation(HSC)
Advisors’ Opinion:
- [By Logan Wallace]
Harsco Co. (NYSE:HSC) has earned a consensus recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $32.33.
- [By Max Byerly]
Principal Financial Group Inc. boosted its position in shares of Harsco Co. (NYSE:HSC) by 2.4% during the 1st quarter, HoldingsChannel reports. The fund owned 654,139 shares of the industrial products company’s stock after buying an additional 15,559 shares during the quarter. Principal Financial Group Inc.’s holdings in Harsco were worth $13,508,000 as of its most recent filing with the Securities and Exchange Commission.
- [By Stephan Byrd]
Harsco Co. (NYSE:HSC) has earned an average recommendation of “Buy” from the eight ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $29.50.
Top 10 Performing Stocks To Invest In 2019: Cara Therapeutics, Inc.(CARA)
Advisors’ Opinion:
- [By Lisa Levin]
Cara Therapeutics, Inc. (NASDAQ: CARA) shares shot up 29 percent to $14.9675 in reaction to a new licensing agreement with Europe-based Vifor Pharma. As part of the agreement, the biopharmaceutical company that alleviates pain licensed worldwide rights (except U.S., Japan, and South Korea) to Vifor Pharma to commercialize its KORSUVA therapy to Vifor $70 million.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on Cara Therapeutics (CARA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin] Gainers
Cara Therapeutics, Inc. (NASDAQ: CARA) shares jumped 28.5 percent to $14.91 in reaction to a new licensing agreement with Europe-based Vifor Pharma. As part of the agreement, the biopharmaceutical company that alleviates pain licensed worldwide rights (except U.S., Japan, and South Korea) to Vifor Pharma to commercialize its KORSUVA therapy to Vifor $70 million.
EVO Payments, Inc. (NASDAQ: EVOP) rose 21.5 percent to $19.44. EVO Payments priced its IPO at $16 per share.
Tiffany & Co. (NYSE: TIF) jumped 16.3 percent to $118.92 after the company reported upbeat results for its first quarter and raised its FY2018 earnings guidance.
Ralph Lauren Corporation (NYSE: RL) shares gained 13.4 percent to $132.225 after the company reported stronger-than-expected results for its fourth quarter.
OneSmart International Edun Gr Ltd – ADR (NYSE: ONE) shares rose 12.2 percent to $13.52
Heat Biologics, Inc. (NASDAQ: HTBX) shares gained 11.4 percent to $2.2164 after surging 12.43 percent on Tuesday.
USA Technologies, Inc. (NASDAQ: USAT) rose 10.4 percent to $13.02 after announcing pricing of public offering.
KemPharm, Inc. (NASDAQ: KMPH) gained 10.3 percent to $6.725. Janney Capital initiated coverage on KemPharm with a Buy rating.
Heat Biologics, Inc. (NASDAQ: HTBX) shares rose 10 percent to $2.1894 after climbing 12.43 percent on Tuesday.
Lowe's Companies, Inc. (NYSE: LOW) rose 9.5 percent to $93.92. Lowe's reported downbeat results for its first quarter on Wednesday.
xG Technology, Inc. (NASDAQ: XGTI) jumped 9.1 percent to $0.829 after the company’s subsidiary IMT Vislink received a $1.4 million order from the U.S. Air Force.
VAALCO Energy, Inc. (NYSE: EGY) rose 8.6 percent to $2.34 after dropping 10.04 percent on Tuesday.
American Equity Investment Life Holding Company (NYSE: AEL) rose 8.4 percent to $34.99. American Equity Investment Life confirmed preliminary talks related to a potential deal.
Boxl - [By Maxx Chatsko]
Shares of Cara Therapeutics (NASDAQ:CARA) rose nearly 19% last month, according to data provided by S&P Global Market Intelligence. There wasn’t any news in September, but the small-cap pharma company has erupted onto the scene in 2018 thanks to its budding development pipeline.
- [By Jim Crumly]
Shareholders of small-cap biotech Cara Therapeutics (NASDAQ:CARA) have had a bumpy ride the last couple of years. Hopes were flying high in early 2017, only to be dashed about a year ago by a failed trial of the only drug in its clinical pipeline. But developments in recent weeks have removed some uncertainty for investors, along with the risk that goes with it. In fact, the path forward has never been clearer for the company.
Top 10 Performing Stocks To Invest In 2019: Beneficial Mutual Bancorp Inc.(BNCL)
Advisors’ Opinion:
- [By Joseph Griffin]
Beneficial Bancorp Inc (NASDAQ:BNCL) Director Thomas J. Lewis sold 973 shares of the company’s stock in a transaction dated Wednesday, May 30th. The stock was sold at an average price of $16.50, for a total value of $16,054.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
- [By Ethan Ryder]
Entegra Financial (NASDAQ: BNCL) and Beneficial Bancorp (NASDAQ:BNCL) are both small-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, earnings, valuation, profitability, dividends and institutional ownership.
- [By Logan Wallace]
Beneficial Bancorp (NASDAQ: BNCL) and Home Bancorp (NASDAQ:HBCP) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, analyst recommendations, risk, dividends and valuation.
- [By Joseph Griffin]
Media coverage about Beneficial Bancorp (NASDAQ:BNCL) has trended positive recently, according to Accern. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Beneficial Bancorp earned a news impact score of 0.38 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.8699493506664 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.